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FINALLY!  LITAS  COINS  AND  BANKNOTES  RELEASED  INTO  CIRCULATION  ON  JUNE  25! 


10  Litu  obverse.  Light  brown. 
Contains  the  bust  of  Steponas  Darius 
and  Stasys  Girenas  with  their  Lithuanian 
and  American  military  caps.  The  water- 
mark, Vytis  with  the  Columns  of  Gedimin- 
as  below,  is  supposed  to  be  in  the 
blank  space  to  the  left.  However,  paper 
misalignment  by  the  printers  resulted 
in  some  notes  having  a shifted  watermark 
up  or  down  in  the  printed  areas. 

A defect  occurred  on  some  of  the 
earlier  printed  notes,  upon  which  the 
dot  above  the  Lithuanian  letter  "e"  was 
omitted  in  the  word  GIRENAS  below  the 
bust.  The  mistake  was  corrected,  but 
some  early  notes  with  the  mistake  were 


released  into  circulation, 
bearing  low  numbered  "AB”  serial 
letters.  These  are  scarce,  as 
the  mistake  was  soon  corrected 
and  all  notes  now  bear  the  dot 
above  the  letter  "e." 

The  reverse  features  an 
eerie  scene  of  the  LITUANICA 
plan  flying  across  the  Atlantic, 
with  smoke  from  the  crash  below. 

A cloud-like  depiction  of 
North  America  and  Europe  appears 
on  the  sides. 


The  Lithuanian  Litas  was  finally  placed 
into  circulation  on  Friday,  June  25.  The  tempor- 
ary currency,  the  Talonas,  was  exchanged  into 
Litai  at  the  rate  of  lOOt  to  1 L.  The  Bank  of 
Lithuania  established  the  value  of  the  Litas  at 
U.S.  25c.  This  is  considerably  more  than  the 
pre-War  Litas,  which  was  worth  U.S.  10  to  16c. 

Talonas  notes  were  exchanged  into  Litai 
until  July  20.  On  August  1,  the  use  of  foreign 
currency  as  legal  tender  in  Lithuania  was  forbid- 
den by  law. 

1991-dated  banknotes  all  measuring  135  x 
65  mm.  were  released  into  circulation,  in  denom- 
inations of:  10,  20,  50,  and  100  L.  The  500  and 


1,000  Litu  notes  were  not  released  yet,  but  will 
be  in  the  future.  1991-dated  coins,  minted  in 
both  England  and  at  the  new  Lithuanian  mint  in 
Vilnius,  were  issued  in  the  following  denomina- 
tions: 1,  2,  5,  10,  20,  50  cents;  1,  2,  5 Litai. 
The  Lithuanian  government  also  authorized  the 
minting  of  10,000  1993-dated  10  Litu  coins  to 
commemorate  the  60th  anniversary  of  the  flight 
of  Darius-Girenas. 

It  soon  was  apparent  upon  the  release  of 
the  coins,  that  it  was  easy  to  confuse  the 
small  centas  coins  with  the  1-2-5  Litai  coins. 
So  banknotes  have  been  printed  in  those  Litai  de- 
nominations, which  will  be  put  into  circulation 
(Continued  on  page  8..) 


2. 


1993  500  TALONAS  NOTE  LAST  OF  THE  SERIES 


LlETtiVOS^ 

RESPL'BUKA 


1 9 9 3'. 


i.P..E  N K ;i 
" & I MTA  1 

:vTA  L o isj  g 


P E N K 1 
Sim  ta I 

TALON  V 


LF074010 


On  May  10,  only  one  month  before  Lith- 
uania switched  over  to  the  Litas,  a new 
1993-dated  500  Talonas  note  was  issued  into 
circulation,  the  last  of  the  Talonas  series. 
The  note  is  light  blue  in  color  and  measures 
120  X 57  mm.— the  same  as  the  1993  200  Talonas 
note.  So,  there  are  two  1993-dated  notes  in 
the  Talonas  series.  The  500  Talonu  was  only 
in  circulation  for  two  months,  before  the 
Litas  was  introduced. The  reverse  features  two 
wolves,  instead  of  a bear  which  appeared  on 
the  1992-dated  500  Talonas  note. 

The  new  note  was  issued  amidst  reports 
of  19,000  counterfeit  1992-dated  200  Talonas 
notes.  The  issuance  of  the  1993-dated  500 
Talonas  was  done  as  a precaution  measure 
against  counterfeiting,  as  higher  security 
measures  are  contained  in  the  new  1993  notes. 

"Lietuvos  Rytas"  reported  [April  18 
issue]  "All  suspicious  200  value  Talonai 
notes  were  found  in  Siauliai.  According  to 
police  officials  of  this  city,  there  are 
enough  differences,  that  these  copies  can 
quickly  be  determined  to  be  counterfeit.  All 
suspicious  notes  are  presented  to  the  Siauliai 
Police  Station  from  different  parts  of  the 
city.  The  first  two  suspicious  notes  were 
found  last  Thursday,  and  this  weekend  25  more 
were  found." 


IN  THE  MEANTIME 


CAN  YOU  BELIEVE  THIS? 


The  weekly  newspaper  LITAS  ran  a 
contest  beginning  last  April  which 
brings  a chuckle— it  uses  a U.S.  Dollar 
outline  for  its  "Litas  Litas'"  money 
contest,  with  a $50  top  prize. 

Illustrated  on  the  right  is  one  of 
their  "dollars,"  of  which  we  will  let 
you  be  the  judge.  Anyway,  from  the  April 
20-26  No.  16  issue,  here  is  the  contest 
information: 

"Litas'  readers  inquired:  Maybe 
you  know,  when  the  Litas  will  be  intro- 
duced? The  Litas  Commission  can  best 
answer  that.  And  until  it  does  that, 
until  the  Lithuanian  currency  Litas  will 
help  the  country's  economy,  we  decided 
to  brighten  your  life  a bit— we  issued 
"Litas'  Litas!" 

It  will  not  only  bring  a smile, 
but  will  also  be  a help  to  your  personal 
budget  — if  you  are  able  to  guess  the 
three  number  combination,  you  will  win 
"Ana'nia"  company's  prize— 50  U.S. 


The  game  rules  are  very  simple.  We  will  print  the  "Litas'  Litas"  in 
three  consecutive  weekly  issues.  Each  time,  write  in  the  square  any 
number  between  2 and  25  and  next  to  it  your  last  name,  first  name,  address, 
home  and  work  phone  number.  Cut  it  out  and  send  it  to  "Litas."  The  last 
entry  must  have  a May  7 postmark.  In  this  way  a three  number  combination 
will  result.  The  winner  will  be  selected  on  May  11  at  11  am  in  a random 
drawing  at  the  editor's  office.  Those  wanting  to  participate  inthe  drawing 
are  welcome  to  attend." 


3. 


FEATURE  OF  THE  MONTH.  By  Frank  Passic,  Albion,  Michigan. 


We  thought  we'd  provide  some  balance  to  this 
issue  of  The  Knight  with  a story  about  medieval 
Lithuanian  coinage.  Pictured  on  the  right  is  an  unusual 
item  which  is  in  the  collection  of  the  Balzekas 
Museum  of  Lithuanian  Culture  in  Chicago:  A Lithuanian 
1568  A-grashis,  which  has  been  overstruck  with  a 
Dutch  doit  piece  of  1720. 

The  overstriking  was  done  at  the  mint  in  Harder- 
wijk,  Gelderland  province,  in  what  is  now  the  Nether- 
lands. WHY? 

It  has  been  theorized  that  because  this  medieval- 
era  Lithuanian  coin  is  similar  in  size  to  the  Dutch 
coin,  that  it  was  used  to  test  the  die  of  the  1720 
coin.  The  1720  overstriking  shows  a four-line  inscri- 
ption on  the  obverse,  above  a small  goose.  If  you 
look  closely,  you'll  see  the  flattened  head  of  Sigismund 
August  in  the  background.  The  reverse  bears  a crowned 
coat-of-arms  showing  two  lions  rampant,  with  inscript- 
ions. 

The  Lithuanian  reverse  side,  which  is  barely 
recognizable,  is  inverted  (upside  down)  in  relation  to 
the  1720  Dutch  overstriking. 

A write-up  of  this  particular  coin  appeared  in 
the  Dutch  Numismatic  Quarterly  "De  Guezenpenning" 
(The  Beggars  Medal)  January  1967. 

Collecting  medieval  Lithuanian  coins  is  an 
exciting  field,  and  we  know  that  several  of  our  LNA 
members  have  collections  of  this  type.  I hope  that 
we  can  feature  more  medieval  coins  and  medals  in 
the  future  soon  here  in  The  Knight. 


LITHUANIAN  KINGS  MEDAL  SERIES 


The  Lithuanian  Foundation  in  Vilnius  issued  a series  of  several  medals  in  1992  using  designs  by 
sculptor  Vytautas  Kasuba  of  the  Lithuanian  Kings.  Illustrated  below  are  the  obverses  of  three  of  them. 
The  set  comes  in  a custom  case,  and  each  are  enclosed  in  plastic  holders.  Val  Ramonas,  director  of 
the  Balzekas  Museum  has  a personal  set  for  sale  for  $150.  You  can  write  him  or  call  (312)  582-6500. 


V. 


MORE  DESIGN  DESCRIPTIONS 

20  Litu.  The  obverse  is 
maroon  and  green.  The  reverse  is 
brown  and  maroon.  The  obverse  fea- 
tures poet  Jonas  Maironis  (1862- 
1932).  On  the  reverse  is  depicted 
the  Lithuanian  Statue  of  Liberty, 
and  the  Vytautas  the  Great  National 
Museum  in  Kaunas. 

50  Litu.  Shown  is  Lithuanian 
patriarch  Jonas  Basanavicius,  facing 
left.  The  bill  is  yellow  and  brown. 
The  reverse  side  shows  a beautiful 
bird's  eye  view  of  Vilnius,  focusing 
on  the  Cathedral  of  Vilnius,  and 
the  Bell  Tower  in  front  of  it. 


FROM  THE  EDITOR 


This  past  July,  your  editor  was 
able  to  spend  a week  at  the  ANA 
summer  conference  in  Colorado  Springs, 
CO.  I had  a great  time,  and  was  able 
to  spend  time  in  the  ANA  library  to 
look  up  what  they  had  about  Lithuanian 
numismatics.  For  your  information, 
they  do  have  a complete  set  of  The 
Knight. 

With  the  ANA  convention  being 
held  in  Detroit  next  year.  I'm 
planning  to  have  an  LNA  meeting 
there.  More  on  this  later. 

Thank  you  very  much  for  those 
of  you  who  have  sent  in  an  extra 
$5-10  in  addition  to  the  $15  subscrip- 
tion in  your  renewals.  This  helps  us 
much,  as  we  have  to  pay  extra  money 
for  half-tones  for  pictures  in  each 
issue.  Last  issue  had  many  photographs 
of  medals,  which  ran  us  $A0  extra 
(photos  have  to  be  enlarged/reduced 
to  proper  size). 

Well,  the  Litas  is  finally  in 
circulation!  I'm  sorry  that  officials 
could  not  get  their  act  together 
regarding  the  Litas  during  the  past 
two  years,  and  for  the  printing 
problem  fiasco.  Readers,  what  do  you 
think  of  the  designs?  Let  us  know. 

This  issue  was  crammed  full  of 
"news"  again,  but  things  should 
settle  down  back  to  normal  soon,  and 
we'll  be  able  to  take  up  more  space 
for  educational  articles  here  in  THe 
Knight. 

—Frank  Passlc,  EDITOR. 


100  Litu.  Blueish-green  aqua 
in  color.  The  obverse  depicts  Lithu- 
anian historian  and  writer  Simonas 
Daukantas  (1793-1864),  who  wrote 
the  first  history  of  Lithuania  in 
the  Lithuanian  language.  The  design 
at  the  bottom  consists  of  oak  leaves. 

On  the  reverse  side  is  an 
historic  aerial  view  of  Vilnius, 
with  the  belfry  of  St.  John's  Church, 
the  highest  in  the  city,  in  the 
center. 


COINS 

The  small  centas  coins  were 
minted  in  Vilnius  at  the  Lithuanian 
Mint,  using  equipment  obtained  in 
England.  These  are  aluminum,  and 
have  a plain  edge. 

The  10,  20,  and  50  centu 

coins  were  minted  in  England  and 
appear  to  be  aluminum-bronze.  They 
are  similar  to  the  1990  Petras 
Garska  designs. 

The  1,  2,  and  5 Litai  coins 
have  a reeded  edge,  and  are  made  of 
cupro-nickel.  All  coins  bear  the 
Vytis  emblem  designed  by  the  late 
sculptor  Juozas  Zikaras,  who  designed 
Lithuania's  1925,  1936,  and  1938 
coins.  We  will  print  the  techincal 
information  about  the  coins  in  the 
next  issue  of  The  Knight  as  to 
weight,  sizes,  etc. 

The  Bank  of  Lithuania  is 
presently  working  on  a contract 
with  a Western  company  on  the  minting 
of  new  centas  coins  with  new  designs. 
According  to  the  Lithuanian  Weekly, 
"By  now  quite  a few  counterfeit 
centai  as  well  as  several  litai 
notes  have  been  withdrawn  from 
circulation." 

"The  Bank  of  Lithuania  has 
circulated  an  official  warning  that 
counterfeit  2 and  5 litai  1991 
coins  have  appeared  in  circulation. 

A description  of  the  forged 
coins,  published  in  the  press,  says 
that  the  counterfeits  are  made  of 
lead  fusions;  they  are  brighter, 
softer  and  thicker,  as  compared 
with  their  genuine  counterparts. 
They  bear  more  shortcomings  which 
form  during  the  process  of  molding." 
(August  27-Sept  2 1993  issue,  p.  1.) 


46549«; 


-SIMTASilitpilJl; 


Is  C>Amc^NT<kS| 


Page  5. 


LITHUANIAN 

NUMISMATIC 

DICTIONARY 


BY 

Jonas  K.  Karys 

English  Translation  by 
V.L.G.  Matelis 


Continued  from  last  issue... 


Slavic  students  as  a "grivna,"  and  later  Lithuanian  amateurs  accepted  the  designation  without  greater  study,  and  comical- 
ly turned  it  into  a "grivina”  or  ”grivine.”  Such  a fate  also  overtook  the  historical  Lithuanian  collar,  and  even  the 
silver  "mane”  or  "chop."  6.  In  Czarist  Russia,  a 10  kopeck  silver  (but  in  the  second  half  of  the  18th  century  changed 
into  copper)  coin  called  a grivna,  and  in  the  19th  and  20th  centuries,  circulated  also  in  subjugated  Lithuania. 

GROS  TOURNOIS  (turonensis  argenti,  denarius  grossus,  grossus  albus).  A substantial  silver  coin  introduced  by  the 
French  King  Louis  IX  in  1266,  weighing  *t.22  g.,  and  encompassing  12  local  small  change  deniers. 

GROTAS/Groat.  *German  Groten,  plural  Grote).  A German  silver  coin,  struck  and  circulating,  graduallylightening  and 
declining  in  value,  in  the  North  Sea  coastlands,  from  the  iHh  to  the  19th  centuries. Initially , 32  groats  constituted  a 
Bremen  and  Oldenburg  mark.  In  the  18th  century  it  was  72  groats  to  the  Bremen  gold  taler.  The  final  silver  groat  was 
struck  in  1870. 


GULDENAS/Gulden  (A  German  translation  of  the  Latin  aureus-Goldener,  Guldiner).  1.  A gold  floren,  translated  into 
German  as  "Gulden."  In  the  Uth  century,  Germans  began  to  imitate  the  floren,  issuing  their  own  "Goldgulden"  —a  gold 
coin  of  0.956  fineness,  initially  weighing  about  3.5^0g.  Later,  decreasing  about  a third,  and  in  the  l6th  century,  it 
was  supplanted  in  Europe  by  the  growingly  popular  dukat.  2.  Every  substantial  central  European  coin  in  silver,  beginning 
with  the  Tyrol  most  substantial  "Guldengroschen"  (U80,  weighing  about  32g.  (0.9*»0  purity)  and  equalling  60  kreutzers, 
and  ending  with  somewhat  smaller  silver  pieces,  which  at  about  1523  were  beginning  to  be  called  talers,  and  were  planned 
and  struck  as  silver  equivalents  of  the  golden  gulden.  For  this  reason,  their  names  were  intimately  connected  with  the 
gulden  (Guldengroschen,  Reichsguldiner,  Guldiner,  Gulden).  And  the  l6th  century  "halfchop"  was  known  as  a gulden  in  the 
international  coin  dictionary.  3-  A Netherlands  silver  coin  containing  28  stuivers,  originally  struck  in  1601  and  having 
about  9.6g  of  silver.  In  the  19th  century,  it  was  somewhat  reduced  and  divided  into  20  stuivers,  and  finally  in  1875  it 
became  an  overvalued  coin.  A.  A Dutch  monetary  unit  from  the  beginning  of  the  19th  century,  divided  into  100  cents  in 
1816,  a silver  coin.  That  same  unit  and  its  related  coin  at  the  turn  of  the  18th-19th  centuries  began  to  assume  the  name 
of  gilder-guilder,  which  became  established,  and  the  "gulden"  in  the  20th  century  remained  in  gold  and  combined  silver 
coins.  5.  A monetary  unit  of  100  pfennigs  (established  in  1923)  in  silver,  and  from  1932  in  nickel,  for  the  free  city  of 
Danzig  between  the  first  and  second  World  Wars. 

GUMOWSKI,  MARIAN  (born  in  1881),  professor,  numismatist,  outstanding  numismatist  of  modern  Poland.  Has  written  in 
this  field  and  associate  fields  about  AOO  articles,  books,  phamplets,  among  which  there  are  some  directly  relating  to 
Lithuanian  numismatics,  heraldry,  sphragistics,  for  example:  "Numizmatyka  Litewska  Wiekow  Srednich"  (1920);  "Mennica 
Wilenski  w XVI-XVII  Wieku  (1921),  "Wilenska  Szkola  Medaljerska  w XVI  i XVII  w."  (1929),  "Herby  i pieczecie  miast  Woje- 
wodztwa  Wilenskiego"  (1935).  And  in  some  purely  Polish  studies  of  his,  Gumowski  frequently  refers  to  historical  coins  of 
the  Lithuanian  Grand  Duchy,  "Republic"  era,  with  Polish  elements  unavoidably  intermingled.  However,  in  his  publications, 
he  is  not  always  properly  objective  regarding  Lithuania’s  matters,  so  an  unnecessary  error  or  two  which  might  have 
occurred,  and  its  outworn  conclusion,  remains. 


GVINEJA/Guinea.  1.  An  English  gold  coin,  originally  struck  in  1663  (of  Guinea’s  gold),  and  continued  until  1813. 
Initially,  it  weighed  8.A7g  (reckoning  7.77g  previous  metal)  and  equal  to  20  shillings.  Later,  its  value  changed  somewhat, 
but  from  1717,  it  steadied  at  21  shillings.  2.  A monetary  indicator  of  21  shillings.  An  accounting  coin  in  England,  next 
to  the  guinea  supplanting  sovereign  of  20  shillings  in  1816-17.  The  21-shilling  guinea  has  become  so  deeply  ingrained  in 
the  ENglish  mind  that  even  today  and  in  modern  times,  professional  salaries  are  so  reckoned,  as  are  all  types  of  honorar- 
ia, costly  ornaments,  prices  of  artistic  portraits,  though  that  coin  has  not  been  struck  for  nearly  200  years. 


HALERIS/Heller.  1.  A silver  coin  initially  struck  in  the  13th  century  in  Hale,  equal  to  a denar  and  weighing  about 
0.750  g.,  in  the  15th  and  l6th  centuries,  it  declined  and  became  a billon  coin,  and  in  the  17th  century,  a copper  one, 
reduced  to  0.5  of  a German  pfennig  value.  The  haler  spread  to  the  east,  to  Germany,  Pomerania,  Silezia,  and  elsewhere, 
even  reaching  Lithuania’s  territories,  and  in  Poland  (ofttimes  in  Lithuania  also)  the  small  denars  were  labeled  halers 
even  in  the  17th  century.  2.  In  Germany,  the  haler  was  demonetized  with  the  inception  of  the  mark  (after  the  victory  in 
the  1871  war),  but  in  Austria  it  was  revived,  and  remained  there  as  a bronze  coin,  at  0.01  of  a crown  (1892-192A,  see 
'chilling).  3.  As  an  aluminum  coin  in  Czechoslovakia,  at  0.01  part  of  monetary  unit,  the  crown. 


•iEGIRA. 


Mohamedan-musselman  era, 


beginning  with  the  flight  of  Mohammed  from  Mecca  to  Medina  in  622  AD.  Countries 


and  states  using  arabic  or  persian  numbers  (See  Figures  and  Numbers)  mark  their  moneywith  calendar  dates  vithin  the  hegira 
chronology.  The  hegira  years  (lunar)  are  about  3)^  shorter  than  the  Julian-Gregorian  calendar  years.  To  transfer  a hegira 
date  into  modern  European  date,  the  following  calculation  must  be  made:  take  3^  of  the  hegira  year;  subtract  the  resulti- 
ng sum  from  the  hegira  year;  add  622  to  the  result.  Example:  On  a specific  coin  we  find  the  date  13**3  hegira  year:  1. 
13't3:100  X 3 = 'tO.29  (‘>0);  2.  13't3  - 'tO  = 1303.  3.  1303  plus  622  = 1925  (current  A.D.  year). 

HERALDIKA/Heraldry . (French,  heraldique)  an  auxiliary  historical  science,  studying  armorial  insignia  (identifying 
symbols).  It  is  closely  related  to  genealogy,  numismatics,  sphragistics.  It  helped  and  helps  explain  and  clarify  an 

entire  series  of  medieval  historical  problems,  to  identify  (according  to  their  coats-of-arms)  many  important  persons, 
coins,  products  and  other  symbols  of  life. 

HEROOOTAS  (About  A85-A25  BC  Herodotus  Halicarnasus)  "The  fahter  of  history."  The  first  to  have  written  a history  of 
civilized  mankind  of  his  time.  Likewise,  he  was  first  to  witness  that  the  Lydians  were  the  very  first  to  begin  striking 
coins.  For  that  alone,  Herodotus  has  been  honored  as  the  earth's  first  numismatist  (See  Lydia). 

HIBRIDAS/Mule.  (A  mixture.  In  German,  Zwittermuenze).  A coin  produced  by  two  different  dies.  Such  a coin  appears 
when  someone  in  the  Mint  errs,  or  it  may  even  be  done  consciously,  but  it  is  never  legal. 

HUTTEN-CZAPSKI,  Emerik  (1828-1896).  An  earl,  a well-known  official  and  administrator  of  Czarist  Russia,  a famous 
numismatist.  He  collected,  studied  and  described  a great  many  of  Russian,  Polish  and  Lithuanian  historical  coins  and 
medals.  With  his  own  funds  he  established  and  furnished  the  Numismatic  Museum  in  Cracow  (which  was  designated  with  his 
name,  and  later  joined  with  the  Polish  National  Museum).  Among  other  works,  he  wrote  a valuable  5-volume  numismatic 
catalogue  "Catalogue  de  la  collection  des  medailles  et  monnaies  polonaises"  printed  in  1781-1916.  The  5th  volume  was 

reprinted  in  1957  at  Graze.  This  catalogue  covers  many  Lithuanian  numismatic  items. 

lOUBUS  STAMPAS/Sunken  Dies.  Are  those  dies  whose  characters  reach  below  the  surface  and  produce  coins  with  raised 

characters.  Opposite  of  Incuse. 

IKONA/Icon.  (Greek,  eikon,  eikonos).  A picture,  portrait,  illustration.  In  the  Eastern  Church,  a portrait  in  bas 
relief  or  mozaic  of  CHrist,  Mary  or  some  saint. 

IKONOGRAFIJA/Iconography . The  art  of  presenting  portraits,  pictures.  The  art  of  identifying  old  scenes,  pictures 
and  portraits.  The  description  of  relief  pictures  in  numismatics. 

ILGASIS/Long  One.  The  monetary  unit  of  reckoning  of  anciant  Lithuanians.  A)  Initially,  until  the  Prague  grosh  was 
introduced  into  theland,  the  "long  chop"  itself.  B)  The  ingot  cast  for  coins,  when  the  "chop"  itself  was  discontinued, 
the  equivalent  of  the  "long  chop,"  between  the  end  of  the  l**th  century  and  the  middle  of  the  15th,  whose  standard  was 
the  sum  of  100  groshes.  If  a person  agreed  to  or  was  forced  to  agree  to  pay  with  the  "long  one,"  in  the  days  of  the 
"long  chop,"  he  would  have  to  compensate  with  one,  and  later,  the  ingot,  or  when  the  "chops"  disappeared,  with  100 
groshes. 

ILGIEJI  PINIGAI/Long  Money,  (or  straight,  LONG).  A general  term  for  ancient  Lithuanian  cast  ingots;  its  opposite, 
"slippery  money"  (a  "chop"  contrasted  to  coins),  when  both  these  monies  circulated  in  Lithuania.  It  is  unknown  when  this 
term  originated  but  sources  from  the  late  middle  ages  and  even  modern  times  testify  that  it  was  firmly  used  and  widely 
spread.  From  that  term  rose  the  reckoning  "LONG  ONE."  The  name  was  "dolgeji"  to  the  Slavs  living  in  Lithuania. 

ILGOJI  KAPA/A  Long  Chop.  The  larger  of  the  cast  ingots  used  by  medieval  Lithuanians,  weighing  about  200gr. 

IMPERIJOLAS/Imperial . a)  A gold  coin  valued  at  10  rubles  of  the  Russian  Empire  in  the  18th-19th  centuries,  b) 
Following  Vitte's  1897  reform,  the  older  form  of  the  Imperial  was  issued  in  that  year,  in  the  denomination  of  15  rubles. 
The  smaller  gold  piece  in  the  10  ruble  denomination  made  up  only  2/3  of  its  weight.  Earlier,  the  Czar's  coins  in  the  5 
and  ruble  denomination  was  occasionally  called  imperials,  but  they  were  not,  though  some  numismatists  may  term  them 
thus. 


INFLIACINES  MONETOS/Inflation  Coins.  Coins  of  cheap  and  the  cheapest  metals,  struck  in  normal  as  well  as  in  unusual- 
ly large  denominations  during  critical  times  of  inflation.  In  the  monetary  history  of  all  nations,  their  normal  denomina- 
tions, from  the  lowest  to  the  highest,  follow:  silver— up  to  50,  gold  up  to  100  times  the  basic  monetary  coin  unit. 
During  inflation  coin  denominations  far  exceed  their  normal  values.  As  an  example,  Germany  struck  100,  200,  and  500  mark 
coins  in  1923,  while  in  Saxony  1,000,000  and  even  5,000,000  mark  coins.  With  the  exception  of  the  latter  bronze,  all 
others,  all  other  coins  mentioned  here  were  struck  in  aluminum.  In  the  same  year  1923,  Westfalia  province  emitted  a coin 
in  the  denomination  of  1 billion  (a  German  billion  is  as  follows:  1,000,000,000,000).  This,  the  largest  of  all  inflation 
currency  was  at  least  gold  filled  on  the  surface.  Coins  stamped  up  to  higher  denominations  in  Germany  during  that  inflat- 
ionary period  amounted  to  a trillion  marks. 


(Continued  next  issue....) 


8. 


July  30-August  5 issue,  page  1. 

Printers  to  compensate 
for  low-quality  litas 

By.ANDRIUS  UtKALNlS 
in  Vilnius 

THE  AMERICAN  Banknote  Company,  (formerly  the  U.S.  Ban- 
knote Corporation)  will  reimburse  the  losses  it  caused  to  Lithuania 
by  omitting  important  security  features  on  the  Lithuanian  national 
currency  (litas)  banknotes.  The  Bank  of  Lithuania  says  that  it  is 
still  not  clear  how  the  compenstion  will  be  made;  whether  by  re- 
turning part  of  the  payment  or  by  printing  some  other  securities  for 
Lithuania. 

The  Company  is  currently  reprinting  10-,  20-  and  50-litas  ban- 
knotes, which  ail  lack  security  threads,  have  very  low  quality 
watermarks  and  are  printed  on  simple  off-set  instead  of  deep-print- 
ing machines.  According  to  Kestutis  Lynikas,  a security  expert 
from  Australia  employed  by  the  Bank  of  Lithuania,  the  new,  re- 
worked banknotes  will  be  better  protected  from  counterfeiting  than 
Estonian  and  Latvian  money. 

The  low-quality  banknotes  will  be  in  circulation  for  several  more 
months.  The  Bank  of  Lithuania  is  confident  that  such  a period  of 
time  is  too  short  for  counterfeiters  to  organise  printing.  Apart  from 
this,  in  about  two  months’  time  banknotes  of  1-,  2-  and  5-litas 
denomintions  will  be  introduced  to  replace  the  coins  of  the  same 
value,  which  have  been  found  to  be  too  easy  to  confuse  with  centas 
coins. 


August  6-12  issue,  page  B1. 

Dollar  price  tags 
disappear  without  pain 


ByANDRIUS  UiKALNlS 

in  Vilnius 

THE  LAST  BALTIC  state  to 
re-introduce  its  pre-war  cur- 
rency finished  monetary  reform 
on  August  1 when  the  litas  be- 
came the  sole  legal  tender  in 
Lithuania.  The  very  next  day, 
August  2,  the  first,  high- 
quality,  counterfeit  20-Iitas 
note  was  discovered  by  a bank 
in  Klaipeda. 

While  many  shops  were 
closed  on  August  1,  a Sunday, 
in  local  markets  shoppers  were 
still  seen  using  whatever  cur- 
rencies they  had  left  in  their 
pockets  — mostly  dollars  or 
marks. 

But  the  following  day  shops 
opened  in  Vilnius  displaying 
only  litas  prices.  The  chairman 
of  the  Bank  of  Lithuania,  Ro- 
mualdas  Visokavicius,  an- 
nounced on  Lithuanian  radio 
that  the  police  would  strictly 
enforce  the  new  currency  rules. 

People  were  informed  about 
the  ''iirrcncy  regime"  well  in 


advance,  so  the  new  regulation, 
that  is  supposed  to  strengthen 
further  the  national  currency, 
did  not  bring  about  any  specific 
surprises. 

In  fact,  most  hard  currency 
shops  started  accepting  local 
currency  long  before  it  became 
the  sole  legal  method  of  pay- 
ment, so  August  1 brought 
nothing  but  new  price  tags  for 
retailers. 

In  hotels,  prices  are  also 
quoted  only  in  litas  - but  bills 
paid  by  credit  card  are  still  set- 
tled in  dollars  or  marks.  Gie- 
drius,  a young  entrepreneur  at 
the  Gariunai  open  marketplace, 
dressed  in  jogging  pants  and 
hula-hula  silk  shirt,  explains: 
"They  cannot  really  ban  sales 
for  hard  currency  - well,  unless 
a policeman  stands  right  here 
and  watches  what  I do.  People 
pay  in  whatever  money  they 
like,  and  they  will  do  it  any- 
way." Giedrius  sells  Indonesia- 
made  cotton  trousers,  US  $15  - 
or  60  litas -per  pair. 


LITAS  RELEASED  INTO  CIRCULATION 

(Continued  from  page  1....) 
as  soon  as  they  are  numbered  and  cut,  probably 
by  October. 

The  quality  problems  with  the  Litai  notes 
continued,  as  numerous  notes  lacked  the  Vytis 
with  Columns  of  Gediminas  watermark,  or  had  it 
vertically  misaligned.  The  Bank  of  Lithuania 
ordered  all  banks  to  inspect  the  50  and  100  Litu 
notes  and  to  take  those  without  the  watermark 
out  of  circulation. 

It  is  estimated  that  the  1991-dated  banknot- 
es will  be  used  for  several  months  until  higher 
quality  ones  are  printed  and  ready. 

This  special  issue  of  The  Knight  is  crammed 
with  descriptions  and  information  about  the  new 
Litas  coins  and  banknotes. 


SOUVENIR  BANKOTES  FOR  POPE'S  VISIT  ISSUED 

A set  of  souvenir  banknotes  to  commemorate 
the  visit  of  Pope  John  Paul  II  to  Lithuania  in 
September  was  issued  in  denominations  of:  20  and 
50  Skatiku;  and  1,  3,  and  5 Auksinai.  The  denomi- 
nation names  date  back  to  the  1919-1922  era  when 
Lithuania  dubbed  the  German  East  Marks  as 
"Auksinas"  and  "Skatikas,"  although  no  notes 
bearing  those  names  were  printed  then. 

The  notes  measure  125  x 70  mm,  and  were 
produced  by  entrepreneurs  Arvydas  Karaska  and 
Saulius  Kruopis,  both  of  Vilnius. 

The  notes  contain  scenes  of  Lithuanian 
sites  along  the  Pope's  itinerary,  and  are  filled 

with  various  coats-of-arms,  and  Lithuanian  designs. 

These  notes  are  illustrated  on  the  following 
page.  Their  colors  are  as  follows:  50  Skatiku: 

Obv:  Blue.  Rev:  Green,  red,  brown,  20  Skatiku: 

Obv:  Brown,  blue.  Rev:  Blue,  green,  brown.  1 
Auksinai:  Obv:  Red,  green.  Rev:  Blue,  Green, 
Brown.  3 Auksinai:  Obv:  Brown,  red.  Rev:  Green, 

brown.  5 Auksinai.  Obv:  Green,  blue.  Rev:  Red, 
brown,  green. 


THE  KNIGHT  Volume  16,  No.  1.  Issue  #86. 
The  official  publication  of  the  Lithuanian  Numis- 
matic Association. 

Frank  Passic,  Albion,  Michigan,  EDITOR. 
Robert  J,  Douchis,  Columbia,  MD.,  DIRECTOR. 

Subscription/membership  to  Volume  16:  A 
donation  of  $15  or  more  for  5 issues.  Write: 
LNA,  P.O.  Box  612,  Columbia,  MD  21045. 

EDITOR'S  ADDRESS:  Frank  Passic,  900  S. 
Eaton  St.,  Albion,  Michigan  49224, 

The  LNA  is  a member  of  the  American 
Numismatic  Association  C-117903. 


ILLUSTRATED  BELOW  ARE  SOUVENIR  BANKNOTES  FOR  IHE  POPE'S  VISIT 


10. 


LETTERS 


JANUARY  13  1991  MEDAL 


One  of  our  members,  Joseph  Brazen,  Sr,, 
received  the  following  letter  from  one  of  his 
relatives  in  Lithuania  about  the  new  Lithuanian 
money.  She  writes: 

"We  have  finally  rid  ourselves  of  those 

"little  animals"  called  "money."  But  the  new 

money  doesn't  make  us  happy  at  all.  The  paper 

money  is  bearable,  but  the  coins  are  someone's 

nonsense.  Everyone  is  so  dissatisfied.  The  litas's 
can  be  so  mixed  up  with  the  cents.  If  you  have 
good  eyes,  it's  all  right.  But  for  older  people  it's 
downright  a burden,  as  unconscionsable  salespeople 
can  cheat  them  very  much." 

I am  glad  that  you  were  able  to  use  some 
of  the  numismatic  articles  from  "The  Baltic  Indep- 
endent" that  I mailed  to  you.  I'm  pleased  that  I 
was  able  to  share  this  information  with  the  other 
members  of  the  LNA.  Unfortunately,  my  subscription 
to  The  Baltic  Independent  has  expired,  and  I am 
not  able  to  send  these  articles  anymore. 

— John  Kozimbo,  Linden,  NJ 

[Editor's  note:  Again,  thank  you  so  much 
for  supplying  these  clippings  about  Lithuanian 
money  items  to  us,  John.  We  very  much  appreciate 
it.  Do  any  of  our  LNA  members  subscribe  to  that 
paper  (published  in  Estonia)  and  could  send  the 
editor  clippings  of  articles  about  Lithuanian  money 
which  appear?] 

WANT/FOR  SALE  ADS 

FOR  SALE:  The  following  Lithuanian  COINS. 
1925  1 centas  UNC  $30;  1936  I Centas  AU  $15,  XF 
$9;  1936  2 Cental  AU  $25,  XF  $15;  1925  5 Centai 
UNC  $22.50,  AU  $15;  XF  $8;  1936  5 Centai  AU 
$18,  XF  $1A;  1925  10  Centu  UNC  $24,  XF  $10; 
1925  20  Centu  AU  $18,  XF  $12,  VF  $5;  1925  50 
Centu  UNC  $50,  AU  $35,  XF  $20,  VF  $16;  1925  1 
Licas  AU  $15,  XF  $12,  VF  $10;  1925  2 Litu  UND 
$25,  AU  $18,  XF  $12,  VF  $10;  1925  5 Litai  UNC 
$35,  AU  $25,  XF  $15;  1936  5 Litai  UNC  $25;  1936 
10  Litu  UNC  $40;  1938  10  Litu  UNC  with  two 
minor  spots  on  edge,  $60. 

The  following  ESTONIAN  coins:  1926  3-Marka 
KM-6  XF  $55.  1925  5 Marka  KM-7  XF  $200.00. 
1933  1 Kroon  KM-14  UNC  $65.  1934  1 Kroon  KM-16 
UNC  $35. 

Dr.  Victor  Zilaitis,  2018  Heathfield  Circle, 
Sun  City  Center,  FLORIDA  33573.  (813)  633-3403. 

FOR  SALE:  New  Lithuanian  Litas  coins  and 
banknotes.  Write.  Frank  Passic,  900  S.  Eaton  St., 
Albion,  Michigan  49224. 

FOR  SALErBook  Cyclopedia  of  Lithuanian 
Numismatics  by  Dr.  Aleksandras  M.  Rackus  (1965). 
Now  out-of-print.  $20,  plus  $3.50  p & h.  Balzekas 
Museum  of  Lithuanian  Culture,  6500  S.  Pulaski 
kd.,  Chicago,  IL  60629. 


Member  Aleksandras  Razdius  has 
the  above-pictured  1992  medal  in  his 
collection,  the  January  13  Medal,  in 
memory  of  those  who  died  at  the 
television  station  in  Vilnius.  It  features 
the  victims'  names,  the  Television 
tower  and  the  Hill  of  3 Crosses  monu- 
ment, and  St.  Geroge  slaying  the  dragon.